Jim Cramer host of Mad Money is seeing much investor interest in the country of Iraq. “A lot of Mad Money investors are looking for ways to trade the country’s currency, the dinar. The problem? Cramer doesn’t know of any vehicle through which to do so. In fact, there are few opportunities to invest there: the Babylon Fund, broker Auerbach Grayson and Northern Gulf Partners plans to open a related mutual fund – none of which Cramer recommended, just to be clear. He called on the companies that run exchange-traded funds to create an ETF for Iraq,” Tom Brennan Reports from CNBC.
“The one that sets it up first,” Cramer said, “is going to get a lot of dollars in it.”